What is the budget of the US Treasury Department?

What is the budget of the US Treasury Department?

Fiscal Year 2021 Receipts Total receipts for FY 2021 were $4.0 trillion, $465.2 billion higher than the Budget estimate of $3.6 trillion.

How much did the government spend in 2017?

2017 United States federal budget

Submitted February 9, 2016
Total expenditures $4.147 trillion (requested) $3.982 trillion (actual) 20.8% of GDP
Deficit $503 billion (requested) $665 billion (actual) 3.5% of GDP
Debt $20.24 trillion (actual) 105.5% of GDP
GDP $19.177 trillion (actual)

How much money does the US Treasury take in every year?

The federal government collected $3.5 trillion in revenue in fiscal year 2020 — or $10,457 per person. Ninety-one percent came from individual income, payroll, and corporate income taxes.

How much Treasury debt is outstanding?

Historical Debt Outstanding

Record Date Debt Outstanding Amount Fiscal Year
9/30/2020 $26,945,391,194,615.15 2020
9/30/2019 $22,719,401,753,433.78 2019
9/30/2018 $21,516,058,183,180.23 2018
9/30/2017 $20,244,900,016,053.51 2017

What does the budget of the US government represent apex?

What does the budget of the U.S. government represent? An agreement among various politicians about public spending. It helps politicians win support from their constituents.

How much did the federal government spend in 2018?

Submitted March 16, 2017
Submitted to 115th Congress
Total revenue $3.654 trillion (estimated) $3.330 trillion (actual) 16.5% of GDP
Total expenditures $4.094 trillion (requested) $4.109 trillion (actual) 20.3% of GDP
Deficit $440 billion (requested) $779 billion (actual) 3.8% of GDP

How much money does the United States owe China?

Breaking Down Ownership of US Debt China owns about $1.1 trillion in U.S. debt, or a bit more than the amount Japan owns. Whether you’re an American retiree or a Chinese bank, American debt is considered a sound investment.

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